I manage a bit under 90 doors, mostly small stuff, and about a third of my owners are first-time landlords. Same five questions every time. How do I screen, what do I do when rent…
12 units, small market, all two bedrooms, in place NOI 118k after a 5% vacancy and 250 per unit per year reserves. Current bridge loan matures in five months at 9.1% IO and I need…
Working through a closing package on a purchase a friend is doing, since I'm trying to understand the loan side properly before I put money anywhere. The settlement statement show…
Most of my marketing work over the years has been for agents, and I run a small shop. An investor found me through an agent client and wants seller lead gen in a metro I've never…
I do renovation work and I'm now on the investing side, and the part that's killing me is scheduling. Six trades, none of them answer the phone at the same time, and I spend my ev…
I built my own dispatch and follow-up flow over about two years because I was losing quotes I never followed up on. Nothing fancy. Every quote over $2,000 gets a text at day 2, da…
A listing agent I do trim and cabinet work for asked if I'd walk her sellers' houses a week before listing and hand them a written punch list. Her pitch is that she gets fewer sur…
The lease is 2,400 square feet at 1,900 a month, three year term, personal guarantee, plus about 400 a month in utilities and insurance based on what the landlord's other tenant t…
Under contract on a 1,280 square foot house on 6 acres in a county with maybe 90 arms-length sales a year. Contract price 148k, cash-out purchase money loan behind it, so the lend…
I move slowly and I've spent about four months interviewing agents before committing to one. Down to two and I've hit something I don't know how to weigh. Agent A: eleven years, w…
I signed up for a free 45 minute strategy call from someone whose videos I've been watching for a few months. Then the confirmation email came with a form. It wants my credit scor…
Sales call last week. Mastermind, $12,000 a year, monthly group calls, two in-person events, a deal-review channel. The pitch number was that 41 percent of members close a deal wi…
Builder client, six detached spec homes, 1,850 to 2,400 sf, delivering in three pairs roughly five months apart. Target list is 420k to 465k. I underwrite the sales side and stagi…
First purchase, a small house I plan to live in for a few years and keep as a rental after. The commitment came through yesterday and section two has nine numbered exceptions. Som…
I'm funding the acquisition side for a partner who buys and flips 6 to 8 houses a year in a mid-size midwest market. Average purchase is around $145k. Two people pitched me last w…
First loan I'm doing on my own paper, small, on a $95k rehab budget for a borrower I've known for a while. The property side I'm fine with. The construction side is new to me and…
Getting quotes for media on the first flip and the photographer offers two tiers. Ground only, 35 stills plus a floor plan, $310. Add aerial, 12 aerial stills plus a 75 second edi…
This is the first marketing contract I've had to read rather than a loan document, so tell me if I'm looking at normal industry terms. Situation: I'm on the capital side of a smal…
I've been putting small amounts into other people's deals and mostly staying passive, and now a general contractor I met through one of those deals wants working capital from me d…
I've been coordinating files part time for two agents at a flat $425 per closed file, mostly resale with financing, average 34 days contract to close. That number works because th…